Tag Archives: JVN

SYDNEY, Aug. 28, 2014 /PRNewswire/ -- Wynyard Group, a market leader in advanced crime analytics software and services, today welcomed the New Zealand Police as a long term partner in its Crime Science Research Institute (CSRI).

The partnership further supports the New Zealand Police's continuous improvement programme which uses crime research and problem orientated policing to better understand the criminal environment and to prevent crime and protect the public from harm.

The New Zealand Police will join the prestigious University College of London (UCL) Jill Dando Institute of Security and Crime Science, University of Canterbury and a Wynyard research team to design world-leading products and services that will help modernise crime prevention and policing in New Zealand and other countries. More academic, crime prevention and technology partners are expected to join in the future.

In welcoming this announcement Police Commissioner, Mike Bush, said the CSRI aims to bring together crime science research, operational know-how and advanced technology with one single-minded objective; preventing crime.

"New Zealand Police's prevention strategies deliver better, more cost effective front-line services through the effective use of new technology. Our participation in this innovative new research and development centre is another signal of our intention to be the world's most effective mobile and visible police service with high levels of public trust and confidence. Crime science research, combined with our major investment in mobile technology, will be a useful addition to our national Prevention First operating strategy."

The research and development conducted in the CSRI will initially focus on operationalising local and international crime science research, with a focus on crime prediction and forecasting to better manage the wider criminal environment. Persons of interest models underpinned by new technology when combined with crime prediction and forecasting creates a powerful crime prevention tool which can be used to monitor potential offenders and protect potential victims.

The Deputy Chief Executive: Strategy for New Zealand Police, Mark Evans, said: "We know that crime tends to be concentrated in particular locations, and also that 6% of the population suffer 54% of all crime. The identification of these crime patterns means that Police can ensure we have more of the right staff, in the right places at the right times."

Wynyard invests more than $15 million in research and development each year and is investigating plans to relocate its CSRI to a new, state-of-the-art facility in Christchurch to be close to the city's new Justice Precinct and New Zealand Police operations. The facility will become home to the 24 staff Wynyard has assigned to the CSRI, new PhD students the company will engage through the Callaghan Innovation R&D Student Grants Scheme and Wynyard's 60 engineers and developers.

Craig Richardson, Wynyard Managing Director said: "This partnership ticks a lot of boxes. It is focused on solving real crime problems and delivering real outcomes and safer communities. It creates high value jobs that will be highly sought after by the best science and engineering students in the world. It brings together the power of universities, forward thinking government agencies and technology companies to develop highly valuable solutions for use in New Zealand and export to other countries. It also sends a strong message that our industry and government believe in Christchurch as an R&D centre for advanced technology."

Wynyard has developed game-changing products used by police services and governments around the world and the company sees opportunities to further extend technology and operational models developed together with the New Zealand Police for consumption in global markets.

"This is not some No.8 wire initiative. There is real opportunity here. We have access to some of the best research, crime prevention expertise and advanced technology in the world. I've been told by both U.S. and British experts there is nowhere else in the world this could be done," said Richardson.

Wynyard Group is a market leader in critical threat assessment and advanced crime analytics software for government, financial services and critical national infrastructure. Wynyard's powerful software helps assess threats, surface hidden relationships give new meaning to events and identify people of interest. Customers include Fortune 500 companies and leading government security agencies.

HONG KONG, Aug. 27, 2014 /PRNewswire/ -- The board of directors of China Public Procurement Limited (HKEx stock code: 1094, the "Company" or "CPP") is pleased to announce that CPP's subsidiary Guocai (Beijing) Technology Company Limited (the "EJV") has entered into a framework cooperation agreement with Shenzhou Yiqiao (Beijing) Finance and Tax Technology Company Limited ("Beijing Financial") in relation to the inter-connection between their electronic platforms to provide various services.

Beijing Financial is a developer and operator of software in relation to financial, tax and payment management matters for small and medium-sized enterprises. It operates the Beijing Financial Management System, which is a software application system developed for finance and accounting practitioners, which integrates a financial information platform with various software programs in relations to financial, tax and payment management matters.

According to the agreement, Gongcai Tong (an online public procurement information platform run by CPP) and Beijing Financial Management System will be inter-connected to integrate various services, including credit investigation services, electronic receipt services, third party payment services and financial and factoring services. Both parties agreed to promote sales of Gongcai Tong and the the Beijing Financial Management System through various marketing channels, including internet, mobile applications or exhibition.

Credit Investigation Services

Subject to the relevant authorisation of the users of the Beijing Financial Management System being obtained, Beijing Financial agreed to provide financial data of such users to the EJV for the purpose of supplementing the supplier credit investigation and credit rating services of the China Public Procurement Platform.

Electronic Receipt Services

The EJV and Beijing Financial agreed to increase their cooperation in the research and promotion of the use of electronic receipts and the application of electronic receipts in pilot development areas and in electronic public procurement platforms.

Third Party Payment Services

The EJV, the Company and a third party payment service provider entered into a cooperation agreement in relation to the provision of third party payment services on the China Public Procurement Platform. The said third party service payment service provider shall be engaged for the provision of third party payment services, including but not limited to online payment services and electronic reconciliation services, to customers of Beijing Financial. Beijing Financial agreed to incorporate such services into the Beijing Financial Management System.

Mr. Cheng Yuanzhong, Chairman of the Company, said "We welcome the framework cooperation agreement with Beijing Financial. We will be able to utilize our respective strength to enhance operation efficiency and lower operating costs through the integration of certain products and services. CPP will be benefited in the long term."

About China Public Procurement Limited

China Public Procurement Limited is listed on the Main Board of The Stock Exchange of Hong Kong (stock code: 1094). The Group is principally engaged in the development of the public procurement services which involves the provision of procurement services to general public and government in the PRC, and the development of EMC service.

SHANGHAI, Aug. 26, 2014 /PRNewswire/ -- Jebsen Automotive Technik (JAT) and tedrive Steering are pleased to announce today plans to establish a 50:50 joint venture "Jebsen tedrive Steering Systems". The joint venture aims to bring tedrive Steering's advanced steering technologies to China. The new company will be formally registered by year-end in Shanghai, from where it will spearhead the localization of tedrive Steering's full product range.

Top executives from Jebsen & tedrive Steering celebrating the creation of Jebsen tedrive Steering Systems at the signing ceremony in Germany.

The new joint venture will draw on the operational knowledge and China-wide sales and service network of JAT and the technological expertise of tedrive Steering to satisfy the growing demand for high-quality automotive components in China. Jebsen tedrive Steering Systems will focus on supplying German-engineered steering systems, with plans to localize the manufacturing in China.

"As an established provider of advanced steering technologies to the global vehicle market, at tedrive Steering we are pleased to combine our strengths with those of Jebsen Automotive Technik in order to grow our business in China. With the support of JAT, we will develop the market for our innovative steering technologies in China and help the local automotive sector better serve its domestic and international customers," said Pavel Gilman, Director, Corporate Strategy and in charge of founding the new joint venture with Jebsen.

tedrive Steering and JAT are confident of the continuing growth of China's auto sector. Already the world's largest automotive market, it grew almost 14% in 2013 according to the China Association of Automobile Manufacturers (CAAM), with 21.98 million vehicles sold. Sales for 2014 are expected to show a further 8 to 10% growth.*

With more than 60 years of experience, tedrive Steering is a global leader in the development, engineering and production of steering systems and components. Its product portfolio includes advanced steering technologies for all vehicle segments: from mechanical, hydraulic and electronic rack-and-pinion steering systems for passenger cars and light commercial vehicles to state-of-the-art recirculating ball steering gear technology for commercial vehicles and buses.

"Jebsen Automotive Technik and tedrive Steering are committed to ensuring that Jebsen tedrive Steering Systems develops into the high-quality leader in steering systems for China. By making full use of the nationwide Jebsen Automotive Technik sales and service network and leveraging synergies with our other market-leading joint ventures, we will be able to help tedrive Steering localize its innovative technology and support our OEM and Tier One customers with competitive system and component solutions at the same time," Arnie Jensen, Director and General Manager of Jebsen Automotive Technik, also the board of director of the new joint venture said.

To be established in Shanghai in the fourth quarter of 2014, "Jebsen tedrive Steering Systems Co. Ltd." will supply advanced steering technologies in China. It is a joint venture of tedrive Steering, managed by its holding company "Steering Systems Beteiligungsgesellschaft mbH" of Germany, a global leader in the development and production of advanced steering systems, and "Jebsen Automotive Technik Co. Ltd.", a subsidiary of Jebsen Industrial.

About tedrive Steering

tedrive Steering is a specialised development partner and manufacturer of steering systems for the global vehicle market. The company with headquarters in Germany operates three plants in Wuelfrath and Chemnitz (Germany), and further production, sales and technical facilities in Istanbul (Turkey), Nabereznyje Chelny (Tatarstan, Russia) and Howell (Michigan, USA). tedrive Steering is a full-service provider in the field of steering technologies. The product portfolio encompasses rack-and-pinion steering and recirculating ball steering gear systems for all vehicle segments from small passenger cars to large trucks and buses. tedrive Steering sets the course, developing competitive high-performance steering technology for passenger cars and commercial vehicles, with its award winning iHSA® technology and lightweight steering solutions. For more information, visit http://www.td-steering.com.

About Jebsen Automotive Technik

Jebsen Automotive Technik Co. Ltd. (JAT), a subsidiary of Jebsen Industrial under the Jebsen Group, supports overseas component suppliers to localize their operations and business in China. It oversees Mitec-Jebsen as well as Jebsen-TCG Automotive Systems, which produces high-performance variable oil and water pumps, and MSR-Jebsen Technologies, which manufactures high precision components for powertrain system. The company continues Jebsen's history as a leader in Greater China's aftermarket spare parts and services since 1921. For more information, visit http://www.jebsenindustrial.com/JAT.

HONG KONG, Aug. 25, 2014 /PRNewswire/ -- China Yongda Automobiles Services Holdings Limited ("Yongda Auto" or the "Company" and, together with its subsidiaries, the "Group", stock code: 03669.HK), a leading passenger vehicle retailer and comprehensive service provider in China, is pleased to announce the grand opening of Yongda Morgan. Yongda is the first automobile dealership store in Shanghai and Eastern China authorized by Morgan, meanwhile, it symbolizes the extension of network of Morgan in Eastern China.

Yongda is China's leading professional luxury and ultra-luxury automobile dealership group. The Company is the first in the industry to form a complete car sales chain of "driving learning, car buying, car selling, car rental, car repair and car maintenance". It has become the largest domestic dealership group in the industry with the largest number of agency brands, the most complete services, and the most extensive operating network.

The Britain Morgan Motor Company is a motor brand with more than 100 years of history. Designed with personality and style in mind, the Morgan sports car is made from light-weight materials matched with modern high performance engines for a truly exhilarating driving experience. In the past 100 years, Morgan has been striving to produce the first-class sports cars, in order to provide customers with sheer driving pleasure, as well as high investment value. As the general agent in Eastern region, Yongda Morgan has launched the first showroom and service center in Shanghai, providing the unique classic sports car experience and choice for collection to high-end car owners. The person in charge of Yongda Morgan remarked, "Morgan, a car brand with profound British cultural heritage, will show its charm in this prosperous city -- Shanghai, and Morgan's products will be loved by the consumers in Shanghai and surrounding areas." The opening of Yongda Morgan this time, not only provides the vast of car consumers with much convenience in choosing the top-class Morgan models, but also offers world-renowned excellent services and meticulous care for customers to the existing car owners.

About China Yongda Automobiles Services Holdings Limited

Yongda Auto is a leading passenger vehicle retailer and comprehensive service provider in China focused on luxury and ultra-luxury brands. Yongda Auto has a strong brand portfolio of luxury and ultra-luxury brands including Bentley, Porsche, BMW, Audi, Jaguar Land Rover, Audi, Volvo, Cadillac, Lincoln, Infiniti and Morgan. As of June 30, 2014, it has obtained manufacturers' authorizations to open and operate more a total of 152 outlets. Its network has a strong presence in East China, including Shanghai, and has expanded into other regions in China. In addition to new passenger vehicle sales business, Yongda Auto also provides customers with a comprehensive range of automobile-related services through its "one-stop shop" approach. These include after-sales services, automobile rental services, as well as a wide array of services that it offers in connection with pre-owned vehicles, automobile insurance products, credit products and automobile financing and leasing.

BANGKOK, Aug. 22, 2014 /PRNewswire/ -- ACE Life, the global life insurance division of ACE Group, today announced a partnership with AEON Insurance Service (Thailand) Company Limited to jointly offer a range of life, personal accident and health insurance products to AEON Thana Sinsap (Thailand) PLC's customers countrywide via telemarketing. With the opening of ACE Life Telemarketing Call Center at Ted's House Building, customers can conveniently purchase life insurance on the phone.

To provide innovative products via this newly launched distribution channel, ACE Life has launched the 'Two in One Protector' plan specifically for this new segment of customers. It provides death coverage from sickness and accident, dismemberment and total permanent disability from accident. Premiums start from as low as seven baht per day with medical expense benefit of 15,000 baht per accident.

Kevin Goulding, Regional President of ACE Life in Asia Pacific said, "Thailand is one of the core markets for ACE Life in Asia Pacific and our partnership with AEON signifies a milestone in our company's strategy to expand our distribution channels. Committed to strive for better service to our customers, we aim to deliver value added financial protection solutions to our Thai customers."

Sally O'Hara, Country President of ACE Life Assurance Public Company Limited commented, "We are delighted to be partnering with AEON Insurance Service (Thailand) to provide innovative life insurance products to AEON Thana Sinsap (Thailand) PLC's customer base. Our partnership leverages ACE Life's multi-channel business and service model in Thailand and we look forward to building a long and rewarding relationship with AEON."

Kevin Goulding, Regional President of ACE Life in Asia Pacific (center) and Sally O'Hara, Country President of ACE Life in Thailand (left) together with Sakarabhop Dhivarakara, Managing Director of AEON Insurance Service (Thailand) Company Limited (right) presided over the grand opening ceremony of the "ACE Life Telemarketing Call Center" at Ted's House Building on August 6, 2014

ABOUT ACE LIFEIN THAILAND

ACE Life Assurance Public Company Limited (ACE Life) is part of the ACE Group, one of the world's largest multiline property and casualty insurers. With operations in 54 countries, the ACE Group provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. The ACE Group's core operating insurance companies are rated AA for financial strength by Standard & Poor's and A++ by A.M. Best.

Specifically to meet the needs of financial protection and security of its broad range of customers, ACE Life in Thailand (ACE Life Assurance Public Company Limited) offers a comprehensive range of quality life insurance products and services. The company partners with financial institutions and other companies to tailor individual policies for their clients and employees while ACE Life's team of over 2,500 agents service and support customers throughout the nation.

HONG KONG, Aug. 19, 2014 /PRNewswire/ -- A new initiative, due to launch in September, will allow anyone in Hong Kong or anywhere in the world to study business for free at a renowned UK university, thanks to a collaboration between global accountancy body ACCA (the Association of Chartered Certified Accountants), the University of Exeter Business School and online learning platform FutureLearn.

Together, they are launching a Massive Open Online Course (MOOC) -- Discovering Business in Society -- which is free to study and open to anyone in the world with access to the internet. The aim of the eight-week course is to give anyone interested in learning the principles of business, including prospective undergraduate students, working professionals without a background in business, people looking to return to work after an absence, or anyone seeking to further educate themselves. And for those interested in entering the finance profession and seeking a route to ACCA membership, the MOOC can be a starting point.

Jane Cheng, head of ACCA Hong Kong, said: "The whole point of this MOOC is that it is all encompassing. Yes, it can be a way for someone looking to begin their journey into the finance profession with ACCA, but equally it could be useful to anyone in Hong Kong or any other country seeking to start a business to get a better understanding of what's involved, or a parent looking to return to work with a new set of skills. It's not unusual today for those people already in work to look to change career, and this gives them a taster of what it might be like in a business environment. It's open to anyone, anywhere, of any age who wants to do it.

"Because it is entirely online, anyone in the world with access to the internet can study it, even though it is delivered by a prestigious UK university. Even if those who study it choose not to use it to further their careers or become entrepreneurs they will have a deeper understanding of how business is relevant in society."

The Discovering Business in Society MOOC will cover a range of topics, including:

Purpose and types of business organisation

The changing world of business

Environmental and regulatory factors

Economic factors

Internal organisation and governance

First steps to accountancy

For those who complete the course and choose to take the optional assessment at the end of the course, which does have a fee attached to it, it could be the first step on the ladder to becoming a qualified ACCA accountant.

Those who are successful in completing the optional examinations can claim exemption from the ACCA F1 paper, Accountant in Business.

Clare Minchington, ACCA Executive Director, said: "The option is there to get that first part of the ACCA qualification under your belt should you decide a career in accountancy is for you. However, we didn't launch the MOOC just to give people the opportunity to study our globally recognised qualification. Those who study it are under no obligation to take the examination at the end. When we say it is open to all, we don't just mean those looking to become ACCA accountants. Our ethos has always been open access and this MOOC is testament to that thinking."

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

We support our 170,000 members and 436,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. We work through a network of 91 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development. Through our public interest remit, we promote appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence.

As the first global accountancy body entering into China, ACCA now has over 23,000 members and 48,000 students, with 8 offices in Beijing, Shanghai, Chengdu, Guangzhou, Shenzhen, Shenyang, Hong Kong SAR, and Macau SAR.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. We believe that accounting professionals bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. Our values are aligned to the needs of employers in all sectors and we ensure that through our qualifications, we prepare accountants for business. We seek to open up the profession to people of all backgrounds and remove artificial barriers, innovating our qualifications and delivery to meet the diverse needs of trainee professionals and their employers.

DUBAI, Aug. 14, 2014 /PRNewswire/ -- Flytxt, a fast growing Big Data Analytics solution provider for Communication Service Providers (CSPs), today announced a strategic partnership with Smaato, the US based company operating the largest global independent real-time bidding (RTB) mobile ad exchange. Flytxt's monetization service mADmart will enable CSPs to monetize their insight better through Smaato's RTB ad exchange that is connected to over 170 mobile DSPs and 100 ad networks; giving them instant access to global ad inventory including some of the largest brands in the world like Times Internet Limited, ESPN CricInfo, NewsHunt and VuClip.

"We are delighted to partner with Flytxt and extend our expertise in mobile ad monetization and Supply Side Platform. With our strong network of publishers and global access to rich and varied ad inventory, we believe Flytxt can generate significant ad monetization opportunities for their CSP customers," said Ajitpal Pannu, Chief Strategy Officer for Smaato.

"With the increased adoption of data and proliferation of digital services, CSPs need to collaborate in a deeper way in the Over the Top (OTT) service domain to generate value for the OTT players and consumer using their core assets," said Abhay Doshi, Vice President - Products and Marketing, Flytxt. He added: "We are committed to creating new revenue streams for CSPs through monetizing their assets better and the partnership with Smaato is a significant step in that direction. We can combine our platform's data analytics capabilities and Smaato's publisher reach to serve relevant ads to CSPs' customers, thus utilizing their insights effectively and enhancing customer experience."

Smaato's extensive Over the Top (OTT) publisher network, with well over 78,000 publishers and across 450MM unique users globally, will provide Advertisers access to a much wider and relevant global audience with more than 90 billion ad impressions per month. Flytxt's insight monetization platform leverages CSP data to derive in-depth demographic, behavioral and socio-economic insights that can enable Smaato to efficiently use these ad impressions lowering the audience acquisition cost for advertisers, while increasing the ad relevance and delivering better RoI for all stake holders.